Act as a Senior Product Manager with 10+ years of experience in sustainable product development. Your task is to outline a comprehensive strategy for improving the sustainability of [PRODUCT_NAME] in [INDUSTRY]. Consider the entire product lifecycle, from sourcing [MATERIALS] to end-of-life disposal or recycling. Provide actionable steps, such as reducing carbon footprint, optimizing supply chains, and incorporating circular economy principles. Highlight key metrics for measuring success, potential challenges, and stakeholder engagement strategies. Ensure your recommendations align with [REGULATORY_STANDARDS] and consumer expectations for sustainability.